# Locanis

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/locanis

- Industry: Software
- Headquarters: Germany
- Website: www.locanis.de
- Total disclosed funding: $8.6M
- Latest round: Series C (Sep 17, 2003)
- Investors on record: 3

## About

Locanis AG specializes in innovative technology solutions, focusing on enhancing operational efficiency and optimizing customer engagement through advanced software platforms designed for various industries such as retail, healthcare, and logistics.Locanis AG provides advanced technology solutions aimed at improving operational efficiency for medium to large enterprises. The company was founded in Germany and has successfully executed 6 deals, with their most recent funding round being a Series C, where they raised EUR 5.000 mn from investors including Atila Ventures and Target Partners. The CEO, Bengt Tuner, has guided the company through its strategic initiatives since its inception, demonstrating consistent leadership in technology innovation.Locanis AG delivers a comprehensive software platform that integrates machine learning and data analytics to streamline business processes across various sectors. Their offerings address challenges such as inventory management, customer relationship management, and predictive analytics, enabling businesses to leverage real-time data for informed decision-making. The company serves a diverse clientele in North America and Europe, with significant deployments in urban centers that prioritize technology integration and operational efficiency.Locanis AG operates on a subscription-based revenue model, which includes tiered pricing plans tailored to meet the specific needs of their clients. This model fosters long-term relationships with businesses, yielding consistent revenue streams while providing opportunities for upselling additional features and services. Clients typically engage in annual contracts that include access to the flagship software platform, regular updates, and customer support. The company also markets directly to smaller clients, enhancing market reach through both B2B and B2C strategies.In July 2011, Locanis AG secured financing to further its growth strategy, focusing on the development of new product offerings and expansion into additional geographic markets. The company aims to launch updated software solutions designed to enhance user experience within the next year. Furthermore, Locanis plans to target markets in Asia and the Americas for expansion by 2015, utilizing the funds raised in the most recent Series C round to support these initiatives.

## Funding rounds

- Series C, Sep 17, 2003, $5.8M — Target Partners, Atila Ventures
- Series B, Aug 28, 2001, $2.8M — Target Partners, Smart.IPO

## Investors

- Target Partners (https://capitalatlas.ai/funds/target-partners) — Series B, Series C
- Smart.IPO — Series B
- Atila Ventures (https://capitalatlas.ai/funds/atila-ventures) — Series C